The Florida Apartment Association and the Florida Association of Realtors last week sued Orange County, Florida, in an attempt to invalidate a ballot initiative aimed at limiting how much landlords can increase rents.
FILE - In this Monday, May 19, 2014 photo, swans swim in Lake Eola as the sun sets in Orlando, Fla. Ballots haven't even been printed yet, but already a group of landlords and real estate agents in Florida are trying to stop voters from deciding on a measure that would implement rent control for a year in the theme park hub that has been one of the fastest-growing metro areas in the U.S.
The associations say that Florida law prohibits rent control ordinances except in an emergency, and the current situation in the county that is home to Orlando doesn't rise to that standard. They also say that the ordinance could have the unintended consequence of making the situation worse by discouraging the construction of new apartment buildings and other housing.
Violators of the ordinance could face fines of up to $1,000 per day for a first violation, with fines not exceeding $15,000 per offense. Landlords would be able to request an exception to the limits under certain conditions. The city of Miami Beach in the 1960s and 1970s imposed rent control measures before the Florida law limiting them was passed. The Orange County ordinance would be the first such measure in the state in decades. Rent control measures have passed in California and Oregon, as well as in metro areas like St. Paul, Minnesota, and Portland, Oregon.
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Landlords try to stop rent control initiative in FloridaBallots haven’t even been printed yet, but already a group of landlords, apartment managers and real estate agents in Florida are trying to stop voters from deciding on a measure that would implement rent control for a year in the theme park hub that has been one of the fastest-growing metro areas in the U.S. The Florida Apartment Association and the Florida Association of Realtors last week sued Orange County, Florida in an attempt to halt a ballot initiative aimed at limiting how much...
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